Reports

This past November 7th, the president of the European Central Bank, Christine Lagarde, stated that “the basic principles of the design of the digital euro” are progressing “satisfactorily” and that the eurozone is at a stage that is “relatively advanced in the exploration of a digital currency of the central bank”. This digital currency would be public money synthesized into an electronic format and available for use by any person, business, or institution. In principle, it would be designed to coexist and have the same value and stability as the common physical currency.